US power capacity markets face major changes in 2020, potentially lower prices

Author Jared Anderson

All three ISO markets face uncertainty amid rule changes

Pending changes in PJM and ISO-NE could lower prices

Houston — Mandatory power capacity markets in the US Northeast region are at an inflection point, with federal regulators about to issue an order regarding market rule changes for PJM Interconnection that could decrease prices. ISO New England also is set to run its second auction under new rules in February, and the New York Independent System Operator’s capacity market construct is in question heading into the new year. …

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